Water and Power Community Credit Union logo

Water and Power Community Credit Union

LOS ANGELES, CA EIN: 95-0952237 Website

A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT ANDSAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, WATER & POWER COMMUNITY CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITSMEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$944.0M

-2.6% YoY

Annual Giving

$8K

-50.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$8K

-50.0% YoY

About Water and Power Community Credit Union

Based on IRS filings

Water and Power Community Credit Union is a nonprofit organization, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $944.0M in total assets. In 2024, it awarded 1 grants totaling $8K. Net investment income was $6.0M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Los AngelesWhittier

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$13M$26M$39M$52M20202021202220232024
Metric202420232022
Total Assets$943,994,213$969,595,009$929,459,865
Revenue$47,148,530$45,747,261$41,011,764
Expenses$45,891,011$40,260,217$34,627,524
Qualifying Distributions
Net Investment Income$6,040,128$6,382,666$7,964,217
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$21K$32K$42K0 grants20200 grants20213 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

LOS ANGELES UNIFIED SCHO…$8K

Grant Size Distribution

5 grants across all recorded years

5<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Los Angeles Unified School District ($7,500).

RecipientPurposeAmount
LOS ANGELES UNIFIED SCHOOL DISTRICT LOS ANGELES, CATO SUPPORT STEM EDUCATION, REWARD STUDENT ACHIEVEMENT, AND PROVIDE EQUITABLE OPPORTUNITIES FOR STUDENTS TO EXCEL IN SCIENCE.$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MIKE TUFEGDZICHCEO$533KPATRICE MUSTAFACOO EVP$327KFELIPE CASTANEDACFO$326KDAVID COVELLCIO$235KLUIS ROBLESTREASURER$199KJESSICA ORTIZSENIOR DIRECTOR OF COMPLIANCE$183KCHARLES JEROME WOOLE…SENIOR MANAGER PEOPLE OPERAT…$180KKENNETH MICHAEL GROS…SENIOR MANAGER NETWORK SECUR…$179KBRUCE ALAN WEST FORMERCPO$178KFADWA KNOXDIRECTOR LENDING$164KITALO ALVARADORE LOAN OFFICER$154K

From 2024 filing

NameTitleHoursCompensation
NORA YUSABOARD CHAIRPERSON2
VENEST HENRY-EVANSBOARD 1ST VICE CHAIR2
BRIAN LAMBOARD 2ND VICE CHAIR2
GLADYS BERRYBOARD SECRETARY2
GERARD WATSONASSISTANT SECRETARY2
BELINDA WALKERBOARD TREASURER2
CYNTHIA MEEKINSASSISTANT TREASURER2
THERON RUCKERSUPV CMTE CHAIRPERSON2
EMMAJACKY MAGARINSUPV CMTE VICE CHAIRPERSON2
SALVADOR MANCILLASUPV CMTE SECRETARY2
WING WONGSUPV CMTE MEMBER2
MIKE TUFEGDZICHCEO43.7$533,057
PATRICE MUSTAFACOO EVP43.37$327,268
FELIPE CASTANEDACFO44.33$325,780
DAVID COVELLCIO40$235,095
JESSICA ORTIZSENIOR DIRECTOR OF COMPLIANCE41.92$183,180
BRUCE ALAN WEST FORMERCPO21.67$177,560
LUIS ROBLESTREASURER43.08$199,157
CHARLES JEROME WOOLEN FORMERSENIOR MANAGER PEOPLE OPERATIONS21.54$180,268
KENNETH MICHAEL GROSSMANSENIOR MANAGER NETWORK SECURITY41.23$179,222
FADWA KNOXDIRECTOR LENDING41.79$163,842
ITALO ALVARADORE LOAN OFFICER41.22$153,920

Frequently Asked Questions

How large is Water and Power Community Credit Union?

As of 2024, Water and Power Community Credit Union holds $944.0M in total assets with $47.1M in annual revenue. It awarded 1 grants totaling $8K in 2024.

Where does Water and Power Community Credit Union operate?

Water and Power Community Credit Union has awarded grants in California.

What size grants does Water and Power Community Credit Union award?

In 2024, Water and Power Community Credit Union awarded 1 grants totaling $8K — an average of about $8K per grant, based on its IRS Form 990 filings.

What is Water and Power Community Credit Union's EIN?

Water and Power Community Credit Union's EIN (Employer Identification Number) is 95-0952237. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Water and Power Community Credit Union's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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